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Ethical dilemma and regulatory compliance

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The merger between UWEAR and PALEDENIM is complete, and this project is nearing completion. Prior to the end of the project, you will need to help UWEAR and PALEDENIM develop and implement code of conduct policies to cover the issues that you have encountered during your work with them.

Please see the attached two PDF documents for further details on the scenarios.

For each of the 3 situations, discuss the following:
- Identify the situation and state why you think that a policy is necessary.
- What is the policy that you will establish to help prevent each situation from happening in the future?

For your code of conduct in general, discuss the following:
- What reporting and investigative measures will you put into place?
- What enforcement and punitive measures will be included?
- What type of governing structure will you propose for an ethics committee for UWEAR and PALEDENIM?

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https://brainmass.com/business/business-ethics/ethical-dilemma-and-regulatory-compliance-529629

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Step 1:
Situation 1
- Identify the situation and state why you think that a policy is necessary.
The first situation is conducting business at a hotel owned by the customer. There is a need to have a policy in place for sales personnel because they are likely to be influenced by the customer. It is unethical to allow the customer to influence the negotiations.
- What is the policy that you will establish to help prevent each situation from happening in the future?
No company employee will conduct business with customers at premises owned by the customers of the company. The employee may meet with the customer at his premises but these premises may not be used for regular conduct of business either with premises owner or with other customers. The employees are alerted not to conduct business from hotels owned by customers.

Situation 2
- Identify the situation and state why you think that a policy is necessary.
The situation is Joe receiving cabernet from Bill. This is a situation where a policy is required because an employee should not receive expensive gifts and presents from ...

Solution Summary

This solution explains the need for policy in place for sales personnel . The sources used are also included in the solution.

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